
Andrea J. Kotrosits
Contacts
Andrea focuses on state and federal regulatory compliance matters related to the financial services industry. She regularly advises companies on state mortgage licensing and regulatory requirements including analyzing the risks and requirements of new products and business initiatives. She often handles projects for residential, business purpose, and commercial lenders. Andrea advises on and manages state license and federal approvals for clients during transactions or other business changes and when new licenses are required.
Andrea has extensive experience conducting multi-state reviews of legal topics impacting mortgage and financial services companies. She also is part of the team providing general counsel services to the National Reverse Mortgage Lenders Association (NRMLA).
Prior to joining the firm, Andrea handled insurance and contract litigation. She also has experience in employment law and was in-house at a financial services startup.
Practice Areas
- Licensing and Approvals
- Regulatory Compliance
- Federal Regulatory Compliance
- State Regulatory Compliance
Education
- George Mason University School of Law, J.D., May 2017, cum laude
- George Mason Law Review
- The George Washington University, M.P.P., May 2005
- Lafayette College, B.A., May 2003, cum laude
Admissions
- District of Columbia
- Maryland
- New Jersey
Representative Matters
- Conduct multi-state surveys regarding real estate broker, mortgage, and debt collection licensing and lending-related requirements
- Engage with regulators to find creative solutions to clients’ unique challenges
- Advise on and manage mortgage-related licensing applications
- Draft comment letters to state regulators regarding legislation affecting the reverse mortgage industry
- Review and revise policies and procedures related to state license and federal approval requirements
- Conduct due diligence and other transactional work for mortgage and mortgage-related companies
- Advise clients on how to comply with state and federal requirements and obligations
Affiliations
- American Bar Association
- Mortgage Bankers Association